Are You Ready to Go Solo? The Top 3 Questions to Ask Yourself

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This webinar discusses the top three questions independents should ask themselves before going solo: Am I emotionally ready? Am I professionally ready? Am I financially ready? Each section examines considerations in these areas, such as stress levels, marketable skills, cash reserves and understanding business costs. Attendees are invited to contact the host or visit the MBO Partners website for more information on independent consulting.

Career Technology Business

ARE YOU READY TO GO SOLO?

©2011 MBO Partners Inc.

2

YOUR HOSTS TODAY

AASSIA HAQ SARA CONDE
Chief Marketing Officer Consultant Services Advisor

©2011 MBO Partners Inc.

3

WEBINAR CONTROLS
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presentation area.

The raise hand icon
alerts the organizer
that you have a
question or comment.

The chat box allows you
to send a question to the
presenter.

©2011 MBO Partners Inc.

4

ABOUT MBO PARTNERS
MBO PARTNERS MAKES IT EASY FOR INDEPENDENT
CONSULTANTS AND THEIR CLIENTS TO WORK TOGETHER

©2011 MBO Partners Inc.

5

THE MBO WEBINAR SERIES

➤ THE LAST FRIDAY OF EACH MONTH
➤ FOCUSED TOPICS EACH MONTH
• How do I calculate my bill rate for consulting? (Feb)
• Encore careers – Top Questions for Boomer Independents
(March)
• Email webinar@mbopartners.com to be informed of the entire
series
➤ COMMON QUESTIONS ASKED BY INDEPENDENT
CONSULTANTS
➤ SIGN-UP FOR THE SERIES!

©2011 MBO Partners Inc.

THE TOP 3 QUESTIONS
TO ASK YOURSELF
JANUARY 27, 2012

©2011 MBO Partners Inc.

7

WHO ARE THE INDEPENDENTS?

©2011 MBO Partners Inc.

AM I EMOTIONALLY
READY?
ARE YOU IN THE RIGHT MINDSET TO GO SOLO?

©2011 MBO Partners Inc.

9

THINGS TO CONSIDER
DIG DEEPER…

1. Do I enjoy working independently?
2. Do I have good time management skills?
3. Is my family supportive?
4. Are there dependents who rely on me?
5. Do I have a high level of stress in my personal life?
6. Is this a planned decision?
7. Am I ready to change my current life stage?

©2011 MBO Partners Inc.

AM I PROFESSIONALLY
READY?
HAVE YOU DEVELOPED YOUR UNIQUE SKILL SET?

©2011 MBO Partners Inc.

11

THINGS TO CONSIDER
DIG DEEPER…

1. Do I have a unique marketable skill set?
2. Am I known for being great at what I do?
3. Do I have a clear vision and plan?
4. Do I understand how to run a business?
5. Can I get projects from my current network?
6. Am I “connected”?
7. Have I prepared my online presence?
8. Am I comfortable with the idea of selling myself?

©2011 MBO Partners Inc.

AM I FINANCIALLY
READY?
HAVE I ACCEPTED THE RISKS AND REWARDS?

©2011 MBO Partners Inc.

13

THINGS TO CONSIDER
DIG DEEPER…

1. Do I have a cash reserve?
2. Do I have another person that helps support my lifestyle?
3. Do I have a client willing to commit to a contract?
4. Have I fully understood the costs and time commitments?
5. Do I have the resources to go out on my own?
6. Do I understand business tax implications?

©2011 MBO Partners Inc.

14

WANT TO LEARN MORE?
➤ CONTACT SARA CONDE
• 703-793-6028
• sconde@mbopartners.com

➤ VISIT OUR WEBSITE
• www.mbopartners.com

➤ SIGN-UP FOR ADDITIONAL INFORMATION
• Full list of resources only provided to webinar registrants
• Look for sign-up link in the post-webinar email

©2011 MBO Partners Inc.

www.mbopartners.com
1.800.220.0469

©2011 MBO Partners Inc.

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Are You Ready to Go Solo? The Top 3 Questions to Ask Yourself

3. 3 WEBINAR CONTROLS The full screen icon maximizes the presentation area. The raise hand icon alerts the organizer that you have a question or comment. The chat box allows you to send a question to the presenter. ©2011 MBO Partners Inc.

5. 5 THE MBO WEBINAR SERIES ➤ THE LAST FRIDAY OF EACH MONTH ➤ FOCUSED TOPICS EACH MONTH • How do I calculate my bill rate for consulting? (Feb) • Encore careers – Top Questions for Boomer Independents (March) • Email webinar@mbopartners.com to be informed of the entire series ➤ COMMON QUESTIONS ASKED BY INDEPENDENT CONSULTANTS ➤ SIGN-UP FOR THE SERIES! ©2011 MBO Partners Inc.

9. 9 THINGS TO CONSIDER DIG DEEPER… 1. Do I enjoy working independently? 2. Do I have good time management skills? 3. Is my family supportive? 4. Are there dependents who rely on me? 5. Do I have a high level of stress in my personal life? 6. Is this a planned decision? 7. Am I ready to change my current life stage? ©2011 MBO Partners Inc.

11. 11 THINGS TO CONSIDER DIG DEEPER… 1. Do I have a unique marketable skill set? 2. Am I known for being great at what I do? 3. Do I have a clear vision and plan? 4. Do I understand how to run a business? 5. Can I get projects from my current network? 6. Am I “connected”? 7. Have I prepared my online presence? 8. Am I comfortable with the idea of selling myself? ©2011 MBO Partners Inc.

13. 13 THINGS TO CONSIDER DIG DEEPER… 1. Do I have a cash reserve? 2. Do I have another person that helps support my lifestyle? 3. Do I have a client willing to commit to a contract? 4. Have I fully understood the costs and time commitments? 5. Do I have the resources to go out on my own? 6. Do I understand business tax implications? ©2011 MBO Partners Inc.

14. 14 WANT TO LEARN MORE? ➤ CONTACT SARA CONDE • 703-793-6028 • sconde@mbopartners.com ➤ VISIT OUR WEBSITE • www.mbopartners.com ➤ SIGN-UP FOR ADDITIONAL INFORMATION • Full list of resources only provided to webinar registrants • Look for sign-up link in the post-webinar email ©2011 MBO Partners Inc.

Editor's Notes

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Are You Ready to Go Solo? The Top 3 Questions to Ask Yourself

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